True Corporation Public Company Limited

SET:TRUE Stock Report

Market Cap: ฿293.7b

True Corporation Future Growth

Future criteria checks 3/6

True's revenue is forecast to decline at 2.9% per annum while its annual earnings are expected to grow at 100.1% per year. EPS is expected to grow by 106.4% per annum. Return on equity is forecast to be 8.8% in 3 years.

Key information

100.1%

Earnings growth rate

106.4%

EPS growth rate

Telecom earnings growth10.4%
Revenue growth rate-2.9%
Future return on equity8.8%
Analyst coverage

Good

Last updated11 Jun 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

SET:TRUE - Analysts future estimates and past financials data (THB Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026209,8008,28656,99182,51012
12/31/2025210,7937,50446,70982,19814
12/31/2024208,5983,25242,69970,21713
3/31/2024236,554-18,88222,48782,544N/A
12/31/2023202,889-17,49714,11662,596N/A
9/30/2023150,001-16,452-2,00839,530N/A
6/30/2023132,677-17,611-13,71432,595N/A
3/31/2023117,619-16,053-16,63829,256N/A
12/31/2022135,076-18,285-20,88435,222N/A
9/30/2022143,268-5,081-20,01533,221N/A
6/30/2022143,626-2,927-15,23138,147N/A
3/31/2022143,368-2,464-20,74535,201N/A
12/31/2021143,655-1,428-23,49435,058N/A
9/30/2021138,671-1,640-35,23725,189N/A
6/30/2021138,713-933-31,99630,426N/A
3/31/2021138,793628-16,61945,743N/A
12/31/2020138,2121,048-37,17337,672N/A
9/30/2020139,4101,415-27,90441,382N/A
6/30/2020143,1384,169-35,92930,810N/A
3/31/2020142,8333,967-57,13313,237N/A
12/31/2019140,9435,637-31,98814,424N/A
9/30/2019136,9183,283-61,8286,776N/A
6/30/2019134,436525-64,5345,407N/A
3/31/2019161,7749,216-26,50335,801N/A
12/31/2018161,8207,035-31,87737,929N/A
9/30/2018167,14612,817-5,53252,657N/A
6/30/2018166,03312,027-5,49851,454N/A
3/31/2018140,0631,030-39,98116,724N/A
12/31/2017139,519551N/A4,993N/A
9/30/2017134,699-5,441N/A-218N/A
6/30/2017132,352-7,290N/A-3,556N/A
3/31/2017128,162-6,127N/A-2,313N/A
12/31/2016124,719-2,814N/A8,096N/A
9/30/2016123,111-63N/A-1,330N/A
6/30/2016121,4353,528N/A-3,676N/A
3/31/2016119,4935,004N/A-7,310N/A
12/31/2015118,7814,412N/A3,333N/A
9/30/2015119,6065,803N/A2,841N/A
6/30/2015116,9362,110N/A9,252N/A
3/31/2015112,434-991N/A12,186N/A
12/31/2014109,2161,294N/A-3,644N/A
9/30/2014102,605-1,023N/A16,677N/A
6/30/201498,715-2,651N/A13,618N/A
3/31/201497,435-4,099N/A18,705N/A
12/31/201396,214-9,063N/A22,929N/A
9/30/201395,099-11,492N/A7,857N/A
6/30/201393,521-9,066N/A8,493N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TRUE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: TRUE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: TRUE is expected to become profitable in the next 3 years.

Revenue vs Market: TRUE's revenue is expected to decline over the next 3 years (-2.9% per year).

High Growth Revenue: TRUE's revenue is forecast to decline over the next 3 years (-2.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TRUE's Return on Equity is forecast to be low in 3 years time (8.8%).


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